Question 1<br> Measuring the cost and benefits is difficult because of what?

Why do you think the policy on sugar in the united states is so heavily slanted towards sugar producers at the expense of candy

8_murik_8 [283]

Because sugar is relatively cheap and always used in large quantity, the amount of consumers' demand wouldn't affect the supply of this product, which make sugar inelastic.
For this certain product, manufacturers could only reflect on social implication when determining the price of the product, and produce it with acceptable margin.
The free trade make each countries able to take on resource that unavailable in that country and focus solely on the product that give the country competitive advantage

4 0

4 years ago

Enlightened marketing calls for building long-run consumer engagement, loyalty, and relationships by continually improving the b

VMariaS [17]

Answer:

A) customer value marketing

Explanation:

Customer value refers to the value that our customers assign to the products or services that our company sells them. In other words, is the cost of our product or service offset by the benefits that we receive from consuming it. As long as the equation is always favorable to our side, i.e. perceived benefits > cost of our product, our customers will continue to purchase our products or services.

Customer value marketing tries to continuously increase the customers' perceived benefits, therefore always keeping the equation favorable to our side.

6 0

3 years ago

A small firm intends to increase the capacity of a bottleneck operation by adding a new machine. Two alternatives, A and B, have

Ronch [10]

Answer:

Alternative A : 7,800 units

Alternative B: 5,250 units

Explanation:

$\frac{Fixed\:Cost}{Contribution \:Margin} = Break\: Even\: Point_{units}$

Were:

$Sales \: Revenue - Variable \: Cost = Contribution \: Margin$

for A:

15 - 10 = 5 contrbution margin

each unit contributes 5 dollars

then: $39,000 fixed cost / $5 per unit = 7,800 units

It need to sale 7,800 untis to pay the fixed cost generated for alternative A

for B:

15 - 11 = 4 contribution margin

each unit contributes 4 dollars

then: $21,000 fixed cost / $4 per unit = 5,250

It need to sale 5,250 units to pay the fixed cost for this alternative

7 0

3 years ago

10) Financial intermediaries can substantially reduce transaction costs per dollar of transactions

goblinko [34]

Answer: D) economies of scale.

Explanation:

Economies of scale refers to when an entity is able to reduce its total costs as quantities of the good causing the costs increase.

Financial Intermediaries such as Commercial banks, Mutual funds, Investment banks etcetera have a lot of funds available for trade which they use to execute large trades. As a result, the costs on average are lower or them per transaction as opposed to traders executing with lower volumes. For example, when purchasing shares they will be able to negotiate better fees with stockbrokers because they are buying a lot of shares as opposed a single buyer trading.

7 0

3 years ago

Penny, Inc. employs a process costing system. Direct materials are added at the beginning of the process. Here is information ab

ziro4ka [17]

Answer:

Equivalent Units 14,380

Explanation:

Beginning units 850 x (1-.6) = 340

Started Units during July 15,000

Ending Inventory 1,600(1-.4) (960)

Equivalent Units 14,380

<u>Reasoning</u>

We have to complete the beginning WIP which are laking 40% (1-0.6)

We start doing 15,000 units.

We left 1,600 units at 60% undone (1-0.4)

6 0

3 years ago

Question 1 Measuring the cost and benefits is difficult because of what?